Like economic rent, but usually larger, because it is the excess of return over short run opportunity cost, which does not include the fixed cost of replacing or duplicating fixed assets such as a piece of capitalor an invention. Thus, inframarginal rent.
Related information about quasi-rent:
- Quasi-rent - Wikipedia, the free encyclopedia
Quasi-rent is an analytical term in economics, for the income earned, in excess of post-investment opportunity cost, by a sunk cost investment. Alfred Marshall ...
- What Is a Quasi-Rent?
"What is a Quasi-Rent?" by Bryan Caplan Let me explain it from ground zero. There are many different meanings of the word "rent" in economics, but the #1 ...
- Quasi-Rent - Financial Dictionary - The Free Dictionary
Income one earns on a sunk cost. A quasi-rent occurs when one makes an investment and pays for it, and then earns income from it without needing to make ...
- Definition of quasi-rent, definition at Economic Glossary
Need to define quasi-rent? Economic term quasi-rent definition. To find out what is quasi-rent, see this explanation.
- What is Quasi-rent
Professor Alfred Marshall (1842-1924) gave the concept of Quasi-rent. He defined the classical concepts of Land, Labor & capital. In his parable of the meteoric ...
- quasi-rent (economics) -- Britannica Online Encyclopedia
A particularly effective machine also, though its supply can be increased in time by productive effort, may for a period also earn a quasi-rent, until supply has ...
- quasi-rent - Wiktionary
[edit] Noun. Wikipedia has an article on: Quasi-rent · Wikipedia quasi-rent (plural quasi-rents). The income earned, in excess of post-investment opportunity cost, ...
- quasi-rent - AmosWEB
QUASI-RENT: The payment that is received by a resource of production activity ... The notion of quasi-rent is similar to economic rent, or economic profit, which is ...